the rennie review - November 2021

squamish TOWNHOME-OCTOBER 2021

SALESTO LISTINGSRATIO 213% SELLERS'MARKET

▶ MARKETSUMMARY

AVERAGEPRICE

AVERAGE PSFPRICE ▲ 46% VS2020

MEDIANPRICE

TOTALLISTINGS

SALES

▲ 44% VS2020

▲ 31% VS2020

▼ 71% VS2020

▼ 39% VS2020

Therewere8townhomelistingsinSquamishinOctober, 53%belowSeptemberand71%lowerthanOctober2020. Octobertownhomesalesremainedthesame month-over-month,at17,andwere39%belowOctober 2020. Thesales-to-listingratiofortownhomesinSquamish,at 213%,reflectedaselers'market. ThetownhomemedianpriceinOctoberwas$945,000,a 3%increasefromSeptemberand31%aboveOctober 2020. Theaveragesoldpricewas$1,054,035,11%abovelast month;theaveragePSFsalepricewas$756,up9%to lastmonth.

THISMONTH No. $756 $1,054,035 $945,000 213% 17 8

PREVIOUSYEAR

PREVIOUSMONTH

No.

%Change

No.

%Change

TOTALLISTINGS TOTALSALES

28 28

113% -39% -71%

17 17

9% 11% 3% 113% 0% -53%

SALES-LISTINGSRATIO MEDIANSOLDPRICE AVERAGESOLDPRICE AVERAGEPRICEPSF

$517 $733,407 $719,950 100%

$695 $950,747 $915,000 100%

46% 44% 31%

▶ AVGPRICEPERSQUAREFOOT

▶ RECENTTRENDS

● OCT 2020 ● OCT 2021

● SALES ● TOTALINVENTORY ● MEDIANPRICE

33

28

28

28

26

26

25

24

27

23 23

23

17

17

17

17

17

15

15

12

12

1

9

8 8

8

$945K

$940K

$912K

$915K

$886K

$885K

$866K

$830K

$800K

$788K

$755K

$720K

$720K

SQUAMISH

REBGV

▶ NUMBEROFBEDROOMS

▶ TOTALLISTINGS&SALESBYPRICERANGE

SELERS'MARKET 21%+

BALANCED 12-20%

BUYERS'MARKET <12%

● SALES ● TOTALINVENTORY

● SALES ● TOTALINVENTORY ● S-LRATIO

2

100%

100%+ 100%+

8

4+bdrms

6

10

3bdrms

6

4

5

2bdrms

2

2

0

<$400K $400-599K $600-799K $800-999K $1.0M-1.24M $1.25M-1.49M $1.5M-1.99M $2M+

<2bdrms

S-LRATIO SALES INVENTORY

1 1 100%

4 9 225%

3 4 133%

0 1 n/a

0 2 n/a

Copyright©November8,2021renniegroupofcompanies.Alrightsreserved.Thismaterialmaynotbereproducedordistributed,inwholeorinpart,withoutthepriorwritenpermisionoftherenniegroupofcompanies.CurentasofNovember8,2021.AldatafromRealEstateBoardofGreater VancouverandFraserValey&Renie.Whiletheinformationanddatacontainedhereinhasbenobtainedfromsourcesdemedreliable,acuracycannotbeguaranted.renniegroupofcompaniesdoesnotasumeresponsibilityorliabilityforanyinacuracies.Therecipientoftheinformationshould takestepsastherecipientmaydemnecesarytoverifytheinformationpriortoplacinganyrelianceupontheinformation.Theinformationcontainedwithinthisreportshouldnotbeusedasanopinionofvalue,suchopinionsshouldandcanbeobtainedfromarennieandasociatesadvisor.Al informationissubjecttochangeandanypropertymaybewithdrawnfromthemarketatanytimewithoutnoticeorobligationtotherecipientfromreniegroupofcompanies.E.&O.E. 36 ●

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